Canada · Delayed Price · Currency is CAD Brookfield Earnings Call Transcripts
Fiscal Year 2026
-
Q1 2026 saw distributable earnings of $1.6B, strong asset management growth, and the acquisition of Just Group, boosting insurance assets by $40B. The outlook remains positive with robust fundraising, disciplined capital allocation, and continued expansion in core markets.
Fiscal Year 2025
-
Record 2025 results included $6B in Distributable Earnings, strong growth in Asset Management and Wealth Solutions, and a 17% dividend hike. Strategic initiatives like the planned insurance merger and global expansion position the business for continued robust growth in 2026.
-
Diversified operations and strong fundraising underpin growth, with AI infrastructure and insurance platforms driving long-term expansion. Capital deployment remains broad, monetizations are robust, and private credit and real estate show resilience amid market recovery.
-
Distributed earnings rose 18% year-over-year, with strong fundraising, robust asset sales, and record deployable capital. Strategic moves include the full Oaktree acquisition, expansion in UK and Japan insurance, and major AI and infrastructure initiatives.
-
The business is targeting 20%+ annualized earnings growth and 16% planned value growth over the next five years, driven by AI, demographic shifts, and a real estate recovery. Wealth solutions and insurance are set to become major growth engines, with disciplined capital allocation and a focus on 15%+ shareholder returns.
-
Second quarter distributable earnings rose 13% year-over-year, driven by strong core business performance, robust asset sales, and continued fundraising momentum. Insurance assets are set to grow with the Just Group acquisition, and a new AI infrastructure strategy is launching.
-
The meeting approved all management proposals, including board expansion and executive compensation, while a climate-focused shareholder proposal was rejected. Strong financial results were reported, with distributable earnings up 36% and ambitious growth targets set for the next five years.
-
Distributable Earnings rose 30% to $1.3B, with strong growth in asset management and Wealth Solutions, which achieved a 15%+ ROE and expanded internationally. $20B was committed to new investments, $850M in shares repurchased, and a $0.09 dividend declared.
Fiscal Year 2024
-
Record 2024 results with distributable earnings up 31% and net income at $1.9B. Strong asset monetizations, robust segment growth, and a 13% dividend increase set a positive outlook for 2025, supported by $160B in deployable capital.
-
Record distributable earnings and strong net income were driven by robust asset management, wealth solutions, and real estate performance. Over $17 billion in asset sales and $20 billion in new investments highlight momentum, with continued growth and 15%+ returns targeted into 2025.
-
Management projects 20%+ annual earnings growth per share and a doubling of plan value over five years, driven by strong performance in asset management, insurance, and real estate, with $47 billion in free cash flow targeted for strategic reinvestment and buybacks. Significant upside remains if the share price discount to NAV closes.
-
Second quarter saw robust earnings growth, strong cash flows, and increased transaction activity, with distributable earnings up 11% per share and total distributable earnings up 80% year-over-year. Asset management, wealth, and operating businesses all delivered solid results, and capital markets conditions are improving.
-
The meeting covered strong financial results, director re-elections, and approval of all motions, including an Escrowed Stock Plan. Strategic growth plans include expanding wealth solutions, major renewable energy agreements, and a focus on high liquidity and shareholder returns.